Input credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 March 2018 What is the time period to settle vendor's bills payment if we have taken input credit from the bill.

29 March 2018 6 moths otherwise ITC reversed.

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Expert : Anonymous

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Expert : Anonymous (Expert)
29 March 2018 As per rule it's 180 days... but, It's not practically in business dealings...


30 March 2018 Within 180 Days from the date of Issue of Invoice.



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